Amazon & Christmas - Taxes

  1. jaymelee23 profile image62
    jaymelee23posted 7 years ago

    I'm new to the whole Amazon Associates thing so can anyone answer a couple of questions? For Christmas sales, will it be part of the 2010 or 2011 IRS 1099? I guess what is confusing me is the whole pay thing. I see where some people claim you get paid two months after a sale where some say you get paid every two weeks. How does that all work for income tax? Thank you.

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    1. galleryofgrace profile image83
      galleryofgraceposted 7 years ago in reply to this

      Your 1099 will show only the money you were paid up to Dec.31,2010. and then only if it is over $600. Any money you receive after that is next years income even though the work was done in 2010. The money is counted when it is received not when it was due.

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      1. jaymelee23 profile image62
        jaymelee23posted 7 years ago in reply to this

        Thank you so much galleryofgrace for answering.

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